Airline stocks were mixed on Friday after Bank of America upgraded American Airlines Group Inc. and downgraded Southwest Airlines Co. and JetBlue Airways Corp., predicting that the network carriers will continue to outperform low-cost airlines due to demand for premium travel.

JetBlue (JBLU) and Southwest Airlines (LUV) edged lower on Friday after BofA Global Research downgraded both stocks to ‘Underperform’ from ‘Neutral’. According to TheFly, the BofA analyst said both airlines trade at the high end of historical valuation ranges despite less exposure to "the strongest industry trends.

Southwest Airlines is being sued and Frontier Airlines fined over chronic flight delays by the Department of Transportation, the DOT announced Wednesday. Why it matters: Wednesday's announcement by the outgoing Biden administration's Transportation Secretary,

As part of a regulatory crackdown on “chronically” late flights, federal transport regulators are suing the carrier after reaching deals with two others.

The DOT filed a lawsuit against Southwest Airlines, citing a pattern of chronic delays, as the government pushes for stricter accountability.

The Department of Transportation is suing Southwest Airlines, accusing it of operating two “chronically delayed flights” in 2022 that resulted in 180 flight disruptions.

President Joe Biden's administration on Wednesday sued Southwest Airlines , accusing the carrier of illegally operating multiple chronically delayed flights and disrupting passengers’ travel.

Southwest Airlines stock fell Thursday after the Department of Transportation sued the airline over a pair of "chronically delayed flights."

The Transportation Department is stepping up enforcement of persistent flight delays with a civil lawsuit against Southwest Airlines and a fine against Frontier Airlines.

The U.S. Transportation Department has sued Southwest Airlines for violating rules about setting realistic flight schedules. The department said Southwest

A lawsuit filed against Southwest alleges the airline operated multiple “chronically delayed” flights affecting thousands of passengers.

The US Department of Transportation (USDOT) is suing Southwest Airlines for “illegally operating multiple chronically delayed flights and disrupting passengers’ travel,” according to a press release.